Grove Heights Annex Real Estate

Welcome to Grove Heights Annex, a hidden gem nestled in the vibrant city of St. Petersburg, Florida. This charming subdivision is perfectly situated in Pinellas County, where the lush landscapes and warm coastal breezes create an inviting atmosphere for families and individuals alike.

Grove Heights Annex is characterized by its picturesque tree-lined streets and a friendly neighborhood vibe that fosters a sense of community. The area features a diverse mix of well-maintained homes, ranging from cozy bungalows to modern single-family residences, making it an ideal place for first-time buyers, growing families, and retirees seeking a serene lifestyle.

One of the highlights of living in Grove Heights Annex is its proximity to some of the best amenities St. Petersburg has to offer. Residents enjoy easy access to beautiful parks, excellent schools, and a variety of shopping and dining options. For those who appreciate the outdoors, the stunning beaches of the Gulf Coast are just a short drive away, providing endless opportunities for sunbathing, swimming, and water sports.

Grove Heights Annex is also conveniently located near major highways, making commutes to downtown St. Petersburg and neighboring cities a breeze. This subdivision is not just about location; it’s about lifestyle. Whether you’re taking a leisurely stroll through the neighborhood or hosting a barbecue in your backyard, you’ll quickly discover why Grove Heights Annex is a wonderful place to call home. Experience the charm, community, and convenience of this delightful subdivision today!

Newest Listings in Grove Heights Annex

$585,000

7 Beds ⋅ 3 Baths ⋅ Grove Heights Annex SubDv. ⋅ 33705 Zip Code

INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**

721 12th Street S, St Petersburg

Start Your Search